The preliminary for this was better, its here:Australian S&P Global Manufacturing PMI Flash reading for May 2025: 51.7 (prior 51.7)Comes in at 51.0prelim was 51.7, prior also 51.7Production shrinks for the first time in threemonthsNew orders rise at weaker paceStocks of purchases decline as buying activity fallsCommentary from the report is upbeat regardless“May’s Australia Manufacturing PMI data revealedthat the goods producing sector continued to expand.Despite a moderation in the pace of growth, anecdotalevidence suggested that the slower rate of expansion,including a slight reduction in output, was partially drivenby the election and may therefore prove temporary.Indeed, forward-looking indicators provided signsthat output may increase in the coming months withrenewed export order growth, and the first recorded liftto business confidence since February. Employmentgains also continued at a solid pace as firms showedwillingness to backfill previously lost roles to supportoperations.“On the price front, easing inflation in May alsorepresented a positive development for demand growthin the coming months, with cost pressures among thelowest in over a year.” This article was written by Eamonn Sheridan at www.forexlive.com.